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Good monday morning welcome to squawk squawk im jon fortt with Carl Quintanilla and julia. Were in the final stretch of 2020 were focused on two big ipos, airbnb and doordash. Airbnb is bouncing back strong doordash saw demands surge both of those companies seeing encouraging demand for shares and to define the future of the gig and sharing economies. Leslie picker has the latest on the ipo process. Its important to underscore the rarety of this level of issuance in a single week. Excluding spacs, were expecting to see more than 7 billion worth of ipos this week. Since the start of 2014, only ...

87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats t...

Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record...

Small caps having a pretty good day as well. The commentary seems to be the market feels a little tired. Is that how you see it yes i do suspect that the market is fatigu fatigued certainly on monday mornings consecutively weve been greeted with excellent news for society as it relates to the vaccine but markets dont seem to be responding as positively as they did two weeks ago. Scott, you began the show by suggesting that we have a potential end of year run. For there to be an end of year run, we are going to need a catalyst and i suspect its not the vaccine, its not earnings, and it really f...

Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to r...